Property experts have warned that a fall in approvals for
schemes converting office space to homes could leave Tory housing targets in
disarray. So-called permitted development rights (PDR), which allow conversions
to go ahead without planning permission, have been a main driver of growth in
housing supply since being announced in 2013. Nearly 14,000 homes were
delivered in England last year from PDR conversions, providing three-quarters
of the growth in housing supply in 2016 to 190,000. The government’s target is
to build 200,000 new homes annually and a million new homes by 2020. However
experts believe the number of houses delivered by office-to-resi is likely to
fall, due to dwindling viable office stock and hostility from some local
authorities towards office conversions. Read more on 24housing.
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